Viet Nam—Military Spending (% of GDP)
Latest Value
1.8%
2018
YoY Change
+0.1%
2017 → 2018
Maximum
2.3%
2007
Minimum
1.6%
2011
CAGR
-1.1%
16 years
Last
1.8%
Previous
1.8%
Highest
2.3%
Lowest
1.6%
Unit
% of GDP
Source
World Bank World Development Indicators
Viet Nam's military spending (% of GDP) was 1.8% in 2018. This represents a +0.1% change from 2017. Over the past 16 years, the highest recorded value was 2.3% (2007) and the lowest was 1.6% (2011). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2018 | 1.8% | +0.1% |
| 2017 | 1.8% | -7.5% |
| 2016 | 2.0% | +2.3% |
| 2015 | 1.9% | +4.6% |
| 2014 | 1.8% | +4.5% |
| 2013 | 1.7% | +1.5% |
| 2012 | 1.7% | +10.4% |
| 2011 | 1.6% | -14.3% |
| 2010 | 1.8% | -19.9% |
| 2009 | 2.3% | +5.0% |
| 2008 | 2.2% | -6.4% |
| 2007 | 2.3% | +18.9% |
| 2006 | 1.9% | +8.8% |
| 2005 | 1.8% | -11.6% |
| 2004 | 2.0% | -5.4% |
| 2003 | 2.1% |
Top Countries — Military Spending (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 34.5% | 2024 |
| 2 | Israel | 8.8% | 2024 |
| 3 | Algeria | 8.0% | 2024 |
| 4 | Saudi Arabia | 7.3% | 2024 |
| 5 | Russian Federation | 7.1% | 2024 |
| 6 | Myanmar | 6.8% | 2024 |
| 7 | Qatar | 6.5% | 2022 |
| 8 | Oman | 5.6% | 2024 |
| 9 | Armenia | 5.5% | 2024 |
| 10 | Libya | 5.3% | 2023 |
About This Indicator
Definition
Military expenditure by country as percentage of gross domestic product
Methodology
Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.
Unit
% of GDP